Lahore: Saif Power Limited has disclosed recent share transactions executed by Mr. Assad Salfullah Khan, a non-executive director of the company, according to a notification issued on December 12, 2025. The transactions, in compliance with the Pakistan Stock Exchange (PSX) Regulation 5.6.4, detail the sale of shares by a significant shareholder.

The transactions were conducted over two consecutive days. On December 10, 2025, Mr. Khan sold 300,000 shares at a rate of 11.32 per share, resulting in a cumulative shareholding of 10.33 million shares, representing a 2.67% stake in the company. The following day, December 11, he sold an additional 250,000 shares at a rate of 11.90 per share, reducing his cumulative shareholding to 10.08 million shares, or 2.61%. The cumulative percentage change signifies a big move in Mr. Khan's shareholding.

According to information available from the Pakistan Stock Exchange (PSX), these transactions must be presented by the Company Secretary at the next Board of Directors meeting. Furthermore, Saif Power Limited is required to submit extracts of the meeting minutes via Form-30 through PUCARS as per regulatory requirements.

The disclosure notes emphasize compliance with regulatory requirements, including ensuring the holding period for the transactions is over six months. If this period is not met, any profit from the transactions must be deposited with the Securities and Exchange Commission of Pakistan (SECP) as stipulated under Section 105 of the Securities Act, 2015.

These transactions are part of the routine regulatory disclosures mandated for directors, CEOs, executives, and substantial shareholders to maintain transparency and integrity within the financial markets.